Pace Housing Market Predictions 2019

Here’s a look at the Pace Real Estate Market Report for January 2019. According to information from the Pensacola Association of REALTORS®, the current real estate inventory numbers have increase and home sales have decreased. Let’s take a closer look at the Pace market trends.

The median sale price for homes sold in December was $218,000. This amount is higher by 3.8 percent from last year’s $210,000.

December ended with a total of 45 homes sold. We’re seeing a decrease of 33.8 percent when we compare this month’s sales to the 68 recorded in November. Sales are down 21.6 percent from this same time last year, and sales are still 3.5 percent behind when we look at year over year stats. There have been 45 total sales this year compared to the 37 total sold by this time last year. READ MORE HERE!

Others Have Asked

If you are thinking of selling and wonder how much your house might sell for in today’s Pace Real Estate Market, use this instant home value estimate or call 850-377-4410. We serve Pace, Milton, and Pensacola and have partners across the nation as well.

Pace Housing Market Reports from 2019

Average Price Range for Homes in Pace 2019

The median (average minus the highest and lowest sales) sales price for single-family homes in the Pace area is $201,250 at the end of December 2018. In December of 2017, the median sales price was $212,400 which reflects a 5.2% decrease year over year.

Month of the Year

Sale Price, Median

January 2019

$218,000

February 2019

$225,250

March 2019

$205,000

April 2019

$224,000

May 2019

$230,758

June 2019

$230,975

July 2019

$222,750

August 2019

$226,750

September 2019

$235,000

October 2019

$227,850

November 2019

December 2019

Month of the Year

Sale Price, Average

January 2019

$223,582

February 2019

$227,332

March 2019

$218,741

April 2019

$241,932

May 2019

$253,323

June 2019

$254,770

July 2019

$231,656

August 2019

$244,547

September 2019

$256,644

October 2019

$252,197

November 2019

December 2019

Pace Housing Market Reports from 2018

The median (average minus the highest and lowest sales) sales price for single-family homes in the Pace area is $201,250 at the end of December 2018. In December of 2017, the median sales price was $212,400 which reflects a 5.2% decrease year over year.[/su_note]